FRISCO, Texas--(BUSINESS WIRE)--
Conifer Health Solutions today announced a comprehensive hospital revenue cycle management (RCM) agreement with University Medical Center Inc., based in Louisville, Kentucky. Under the multi-year agreement, Conifer Health will provide University of Louisville Hospital and the James Graham Brown Cancer Center an end-to-end revenue cycle solution, including patient access, enrollment and eligibility, clinical documentation improvement, health information management and accounts receivable management services.
University of Louisville Hospital and the James Graham Brown Cancer Center selected Conifer Health for its deep expertise as a single-source RCM provider that delivers value to hospital and health system clients through better business outcomes, including optimized revenue cycle operations and improved clinical and financial performance. The relationship aims to enable University of Louisville Hospital and the James Graham Brown Cancer Center to focus on achieving safe, high-quality, cost-effective care that will continue to grow. It also enables patients to more easily engage with and navigate a care and payment path that benefits them and the care delivery organization as a whole.
“University of Louisville Hospital and the James Graham Brown Cancer Center are proud to continue our successful relationship with Conifer Health,” said Ken Marshall, interim president and CEO of University Medical Center. “Conifer Health’s extensive capabilities and understanding of our unique market challenges have helped us evaluate and optimize our end-to-end RCM solutions to keep pace with advances in an ever-changing competitive healthcare environment.”
Hospital and health systems are increasingly challenged to adapt to healthcare market demands. To achieve or retain their competitive advantage, healthcare decision-makers must make key changes in care delivery models to improve cost, quality and access. Conifer Health’s RCM services allow innovative provider organizations, such as University of Louisville Hospital and the James Graham Brown Cancer Center, to enhance their overall performance by accelerating cash flow, improving clinical documentation, speeding account resolution and boosting patient satisfaction.
“We’re pleased to extend our relationship with University of Louisville Hospital and the James Graham Brown Cancer Center,” said Stephen M. Mooney, president and CEO of Conifer Health. “As healthcare providers face significant local market pressures, complexities and regulatory challenges, they need a partner that can help them deliver better outcomes at a lower cost while improving the patient experience and overall access to care. We look forward to further demonstrating our continued commitment to revenue cycle excellence.”
About Conifer Health Solutions
Conifer Health Solutions brings 30 years of healthcare industry expertise to clients in more than 135 local regions nationwide to help strengthen their financial and clinical performance. Conifer Health helps organizations transition from volume to value-based care, enhance the consumer and patient healthcare experience and improve quality, cost and access to healthcare. Annually, the company manages more than 24 million unique patient interactions, more than $29 billion in net patient revenue and more than $22 billion in medically managed spend. Conifer Health also provides technology and health management services to support care management for nearly 6 million lives. For more information, visit ConiferHealth.com or follow @ConiferHealth on Twitter.
About University Medical Center
Incorporated in 1995 and based in Louisville, Kentucky, University Medical Center Inc. operates as a non-profit affiliate of the University of Louisville. Under the leadership of president and CEO Ken Marshall, UMC provides management and oversight of the UofL Health Sciences Center’s primary adult teaching hospital and cancer center. University of Louisville Hospital traces its origins to 1817 and today is a 404-bed facility with the region’s only adult Level 1 trauma center, Kentucky’s first certified stroke center and first hospital-based telemedicine network. Aligned with the hospital, the James Graham Brown Cancer Center offers the area’s most advanced cancer treatment with specialists and researchers working in multidisciplinary teams and is home to the first nationally accredited breast center in Kentucky and the first nationally accredited radiation oncology program in Louisville. More than 800 physicians and 2,300 nurses and other staff provide care at the two facilities, located adjacent to one another in the heart of Louisville’s medical center on Jackson Street between East Chestnut and East Muhammad Ali. To learn more, visit the UofL Hospital and Brown Cancer Center websites.
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